Did you know you can negotiate your healthcare bills? Many people don’t know this. They put off important procedures and office visits because they think they can’t afford treatment. No need to do that anymore. Below, we’ll explain exactly how you can negotiate your costs to save you money and help you get the care you need.
4 Strategies That May Help with Healthcare Costs
Pay with Cash
If you can’t pay the full amount, yet have the cash on hand to cover most your bill, your doctor’s office may just be willing to consider it paid in full. It never hurts to ask, right?
Do Your Research
Before you commit to any procedure, take some time to do a bit of research. Find out where you might be able to get the same screening or procedure for less. Just because you like your health care provider doesn’t mean you should pay more to have it done there.
Say your provider wants you to get a blood test. When you get that test through their office, they might only check a few baseline levels. However, you can get the same screening at 9Health Fair, where we’ll check 28 different baseline levels. Most likely, it will cost less and you’ll get more information out of it.
Check for Billing Errors
You know the statement you receive from the insurance company that says “This is Not a Bill”? Don’t just throw it away. Take the time to carefully look it over. Just one typo on the billing code could have you paying more than you should. It never hurts to ask for an itemized bill for the services you received, to ensure you’re being charged correctly. Also, be sure to look over the billing statement you receive from your provider, lab, pathology or radiology department, to be sure that the charges are correct on that as well.
Negotiate Before Receiving Treatment
This is a big one. If your health care provider says you need a colonoscopy, ask how much it will cost you out-of-pocket. Let’s say they estimate it will cost just over $1,000. However, you can’t afford that. Don’t forego the procedure. Tell your health care provider that the estimated cost is out of your budget, and let them know what you can afford. Maybe the two of you can agree on a payment plan and you pay a little each time. Or maybe you can get them to adjust the cost so you can pay what you can afford. If you didn’t get a chance to ask for a lower price before the procedure, you can always ask after the fact when you receive the bill.
The most important thing is to not put off addressing health concerns because you don’t think you can afford what is needed. Usually, that will only cause your expenses to go up even more in the end.